First Merchants (FRME) Research & Development (2016 - 2025)
Historic Research & Development for First Merchants (FRME) over the last 10 years, with Q3 2025 value amounting to $6.9 million.
- First Merchants' Research & Development fell 289.51% to $6.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $27.1 million, marking a year-over-year decrease of 389.24%. This contributed to the annual value of $27.1 million for FY2024, which is 784.82% up from last year.
- As of Q3 2025, First Merchants' Research & Development stood at $6.9 million, which was down 289.51% from $7.1 million recorded in Q2 2025.
- In the past 5 years, First Merchants' Research & Development ranged from a high of $7.2 million in Q3 2024 and a low of $4.2 million during Q1 2021
- Over the past 5 years, First Merchants' median Research & Development value was $6.0 million (recorded in 2024), while the average stood at $5.9 million.
- Its Research & Development has fluctuated over the past 5 years, first surged by 7945.0% in 2021, then plummeted by 1393.53% in 2025.
- Quarter analysis of 5 years shows First Merchants' Research & Development stood at $4.6 million in 2021, then grew by 22.48% to $5.6 million in 2022, then rose by 4.71% to $5.9 million in 2023, then rose by 2.62% to $6.0 million in 2024, then increased by 15.16% to $6.9 million in 2025.
- Its Research & Development was $6.9 million in Q3 2025, compared to $7.1 million in Q2 2025 and $5.9 million in Q1 2025.